94 Roughly every 3 years, @BlackRock is required by law to apply for "blanket authorization" from the Federal Energy Regulatory Commission (FERC) to acquire and hold over $10 million (and/or 10% ownership) in voting shares of multiple public utilities. Houston they have a problem (twitter.com) posted 4 days ago by seernewday 4 days ago by seernewday +94 / -0 7 comments share 7 comments share save hide report block hide replies
There once was a man who sat on his uffet and sold his B of A shares away... of course it wasn't insider... no way!
He is sitting on his largest pile of cash ever, last time he did that was 08, everything tanked and he bought back in at the bottom. He thinks it will be worse than 08 this time. Buckle up